Revaluation

RETRANSMISSION: HIVE Announces Record Quarterly Revenue of $68 Million up 397% From The Same Quarter Last Year and Earnings for our 3rd Quarter Ended December 31, 2021

Retrieved on: 
Tuesday, February 15, 2022

This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated February 2, 2021 to its short form base shelf prospectus dated January 27, 2021.

Key Points: 
  • A reconciliation to its nearest IFRS measures is provided under "Reconciliations of Non-IFRS Financial Performance Measures" in the Company's MD&A.
  • Management will host a webcast on Tuesday, February 15, 2022, at 8:30 am Eastern Time to discuss the Company's financial results.
  • Presenting on the webcast will be Frank Holmes, Executive Chairman; Darcy Daubaras, Chief Financial Officer; and Aydin Kilic, President and Chief Operating Officer.
  • Since the beginning of 2021, HIVE has held in secure storage the majority of its ETH and BTC coin mining rewards.

HIVE Announces Record Quarterly Revenue of $68 Million up 397% From The Same Quarter Last Year and Earnings for Our 3rd Quarter Ended December 31, 2021

Retrieved on: 
Tuesday, February 15, 2022

This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated February 2, 2021 to its short form base shelf prospectus dated January 27, 2021.

Key Points: 
  • A reconciliation to its nearest IFRS measures is provided under "Reconciliations of Non-IFRS Financial Performance Measures" in the Company's MD&A.
  • Management will host a webcast on Tuesday, February 15, 2022, at 8:30 am Eastern Time to discuss the Company's financial results.
  • Presenting on the webcast will be Frank Holmes, Executive Chairman; Darcy Daubaras, Chief Financial Officer; and Aydin Kilic, President and Chief Operating Officer.
  • Since the beginning of 2021, HIVE has held in secure storage the majority of its ETH and BTC coin mining rewards.

RETRANSMISSION: HIVE Announces Record-Breaking Revenue of $52.6 Million and Earnings for our 2nd Quarter Ended September 30, 2021

Retrieved on: 
Tuesday, November 16, 2021

This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated February 2, 2021 to its short form base shelf prospectus dated January 27, 2021

Key Points: 
  • For the three-month period, revenue rose to $52.6 Million, up 41% compared with last quarter, and 305% since the same quarter last year.
  • Net income reached $59.8 million, up 342% from last quarter, and 549% since the prior year.
  • HIVE ended the September quarter holding 1,116 Bitcoin ("BTC") worth $48.4 Million and 25,154 Ether ("ETH") worth $74.7 Million.
  • Net income during the quarter ended September 30, 2021, was $59.8 million, or $0.16 per share, compared to $9.2 million, or $0.03 per share, the same period last year.

HIVE Announces Record-Breaking Revenue of $52.6 Million and Earnings for our 2nd Quarter Ended September 30, 2021

Retrieved on: 
Tuesday, November 16, 2021

This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated February 2, 2021 to its short form base shelf prospectus dated January 27, 2021.

Key Points: 
  • For the three-month period, revenue rose to $52.6 Million, up 41% compared with last quarter, and 305% since the same quarter last year.
  • Net income reached $59.8 million, up 342% from last quarter, and 549% since the prior year.
  • HIVE ended the September quarter holding 1,116 Bitcoin ("BTC") worth $48.4 Million and 25,154 Ether ("ETH") worth $74.7 Million.
  • Net income during the quarter ended September 30, 2021, was $59.8 million, or $0.16 per share, compared to $9.2 million, or $0.03 per share, the same period last year.

Webtel.mobi Appoints Global Consultancy Frost & Sullivan to Carry Out Its Revaluation – Also Enables Limited Placements of Its Otherwise Unavailable Shares

Retrieved on: 
Friday, October 29, 2021

ST PETER PORT, Guernsey and NEW YORK, Oct. 29, 2021 (GLOBE NEWSWIRE) -- Since completing its refined Platform 2 in late 2021, Global Telephony Provider Webtel.mobi (“WM”) has been preparing to focus its attention primarily on global expansion in 2022. This global expansion will be implemented by WM’s appointment of multiple marketing companies that have marketing agent complements in the thousands of persons, who will extend the Affiliate (VSMP) Program opportunity to entities worldwide.

Key Points: 
  • This is because in its reconfigured format, the TUV Digital Currency is easily recognizable to all people.
  • WM appointed Frost & Sullivan because it is one of the worlds longest-established and most experienced global consultancies.
  • Moreover, Frost & Sullivans thousand-plus highly skilled analysts provide expert advisory services across 13 industries, 35 sectors and 300 markets globally.
  • WMs shares have historically been unavailable to third parties outside of private individuals who were personally introduced to the Company by existing shareholders.

HIVE Achieves Record Quarterly Revenue of $37.2 Million and Earnings of $18.6 Million for Q1 F2022

Retrieved on: 
Monday, October 4, 2021

This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated February 2, 2021 to its short form base shelf prospectus dated January 27, 2021.

Key Points: 
  • Record quarterly net income of $18.6 million, up significantly from $1.8 million a year earlier, and $4.3 million higher than the previous quarter.
  • Gross mining margin expanded to $31.0 million, from $2.6 million last year, and is $3.3 million higher than that experienced in the prior quarter of $27.7 million.
  • On a daily revenue basis during September 2021, this income from Ethereum would be equal to mining approximately 186 Bitcoin.
  • As such, Hive appears to be the most profitable Crypto mining company amongst our peers with a rapidly growing Bitcoin HODL strategy.

HIVE Achieves Record Annual Revenue Ended March 31, 2021 of $66.7 Million and Earnings of $43.5 Million

Retrieved on: 
Friday, September 24, 2021

This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated February 2, 2021 to its short form base shelf prospectus dated January 27, 2021.

Key Points: 
  • Income from digital currency mining was $66.7 million this fiscal year, a 174% increase from the prior year.
  • Record net income of $42.5 million, up significantly from a loss of $1.9 million a year earlier, and $2.9 million lower than the previous quarter.
  • Gross mining margin expanded to $50.1 million, from $8.5 million last year, and is $17.1 million higher than that experienced in the prior quarter of $10.6 million.
  • Despite the effects of COVID-19 we have achieved record results and continued to increase our Ethereum and Bitcoin mining capacity," said Frank Holmes, Interim Executive Chairman of HIVE.

EQS-News: IMH ANNOUNCES IFRS CONSOLIDATED FINANCIAL RESULTS FOR 2020

Retrieved on: 
Thursday, April 1, 2021

As at 31December 2020, the Group's net debt went up to RUB69.3bln following the revaluation of its foreign currency debt portfolio due to the US dollar appreciation.

Key Points: 
  • As at 31December 2020, the Group's net debt went up to RUB69.3bln following the revaluation of its foreign currency debt portfolio due to the US dollar appreciation.
  • The Group significantly increased its general market and financial stability capitalising on its diverse sales geography and unique experiences from the pandemic.
  • We also continue to pursue a conservative financial policy to achieve 2.0x net debt/EBITDA in the near term."
  • IMH is one of the world's largest suppliers of merchant pig iron and Russia's biggest exporter of merchant coke.

Sberbank: Sber earned RUB179.2 bn for 2M 2021 (RAS)

Retrieved on: 
Friday, March 5, 2021

The Bank earned a record net profit of RUB92.6 bn.

Key Points: 
  • The Bank earned a record net profit of RUB92.6 bn.
  • Total loan portfolio increased by 0.9%, excluding the effect of FX revaluation.
  • Retail loan production amounted to RUB368 bn with over a half of that due to mortgages.
  • Retail client funding increased in February across all currencies, with combined growth of 1.1% excluding the effect of FX revaluation.

Reviewing and reforming local government finance

Retrieved on: 
Friday, December 21, 2018

Thursday, December 20, 2018A briefing paper covering the Fair Funding Review and business rate retention in English local government.

Key Points: 
  • House of Commons Library

    This note covers matters of current interest in local government finance: how business rate retention works; the Governments proposals for changes to the system; and the Governments Fair Funding Review.

  • Responsibility for business rates, and for local government generally, is devolved to Scotland, Wales and Northern Ireland.
  • For a more general explanation of the business rates system in England, see the Library briefing paper Business rates.
  • For more details on the 2017 revaluation of business rates in England, Wales and Scotland, see the Library briefing paper Business rates: the 2017 revaluation.